All High Yield articles – Page 3
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White papersNavigating AI in Credit: How to Find the Winners in Tech
Welcome to this month’s edition of Where Credit is Due—a newsletter from Barings recognizing value across the people and portfolios shaping credit markets today.
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White papersThe relationship advantage of middle market credit
Not all private credit is created equal, and right now that distinction matters more than ever. In the latest installment of The Lead Left, Churchill’s Randy Schwimmer breaks down why the middle market’s relationship-driven structure offers a fundamentally different risk and return profile than upper market lending, and what rising PIK loans, non-accruals, and sector concentration signals mean for manager selection today. Explore the full insights here.
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White papersLooking Inside Today’s High Yield Market
High yield investors are navigating a more complex backdrop, but fundamentals remain resilient and income continues to look compelling. Markets have absorbed a steady stream of risk events, but the environment calls for discipline rather than complacency.
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White papersLooking Inside Today’s High Yield Market
High yield investors are navigating a more complex backdrop, but fundamentals remain resilient and income continues to look compelling. Markets have absorbed a steady stream of risk events, but the environment calls for discipline rather than complacency.
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White papersEM Corporate Debt vs EM Sovereign Debt: “Same same but different”
Many investors approach EM hard-currency debt primarily through sovereign bonds, often overlooking corporate credit. This bias reflects sovereigns’ greater liquidity, familiarity, and longer track record. Yet, while EM corporate credit has delivered comparable returns over time, it has historically produced a stronger risk-adjusted returns profile - making a compelling case for blending both asset classes in a well-diversified portfolio.
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VideoEuro Credit Market Update - Shifting investor expectations
Watch Boutaina Deixonne discuss her outlook for the euro investment-grade and high-yield corporate bond market, and where she currently sees potential risks and opportunities.
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White papersSeizing climate-related opportunities: Climate Change High Yield Credit, Annual Report 2025
Investor engagement plays a critical role, particularly with companies in high-carbon sectors.
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White papersFive reasons to consider US short-duration high yield bonds
Amid the increasingly complex set of headwinds facing investors, a short duration high yield investment strategy can be designed with the aim of delivering a simple goal – generate stable, consistent income while minimising volatility and avoiding principal losses.
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White papersMacro-factors revisited: an evolving approach to portfolio resilience
This paper revisits and builds upon our 2024 research on macro-factor exposures across public and private markets, with a particular focus on private infrastructure.
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White papersFixed Income: A 360° View
Key insights and portfolio implications to stay ahead of the curve
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White papersSDG Engagement High Yield Credit annual report, 2025
This year’s SDG Engagement High Yield Credit annual report offers a deep dive into the engagement undertaken throughout the course of the year, as well as providing crucial performance insights.
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White papersNavigating CLO opportunities in a volatile loan market
Market volatility can be unsettling, but for the right investors, it can also signal opportunity. Nuveen’s Himani Trivedi breaks down how AI-driven sector disruption and Middle East geopolitical tensions are reshaping the leveraged loan landscape — and what that means for CLO BB debt and CLO equity today. If you’re looking to better understand where targeted spread widening may be creating attractive entry points, this is a conversation you don’t want to miss. Read the full paper to explore the analysis and see how Nuveen is thinking about positioning in this environment.
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White papersLeveraged Finance Asset Allocation Insights: Markets Hit an AI Inflection Point.
The leveraged finance market is currently grappling with an “AI inflection point,” where the early promise of greater efficiency is giving way to a more uncertain outlook, with potential AI-related pressures on revenues and margins. This shift has introduced a sense of anxiety as investors increasingly scrutinize the actual cost of adoption on an issuer-by-issuer basis.
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PodcastHigh-yield credit – A source of diversification and returns
Portfolio Manager Stef Abelli of the Euro high-yield credit team and Chris Iggo, Chief Investment Officer, AXA IM Core, discuss the outlook for high-yield corporate bonds as well as the diversification opportunities across sectors and industries and the improved quality the asset class offers.
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White papersGlobal High Yield – 2025 in Review and 2026 Outlook
GHY delivered a standout 2025, supported by resilient growth, low defaults and strong demand. What comes next? Our latest outlook explores whether today’s tight spreads can remain justified in 2026 and where opportunities still lie.
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White papersUS high-yield: Embracing credit divergence, unlocking opportunities
The US high-yield bond market has moved up in quality. We believe healthy fundamental and technical factors in 2026 will continue to underpin it in 2026. Carry should again drive returns, but there is likely to be more variety in returns across sectors, credit ratings and bond issuers, writes Jack Stephenson, Investment Specialist for US High-Yield.
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White papersHigh Yield: Investing in a transformed credit ecosystem
The structural evolution of the high yield market, driven by a transformed borrower universe, improved liquidity, stronger fundamentals, and a more diverse array of financing alternatives, has reshaped this asset class into something very different from its origins.
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White papersDynamic Global Bonds — investing across the cycle
Despite geopolitical strains, elevated borrowing, and shifting policy dynamics, the global economy has shown notable resilience over the past 12 months. Valuations across major asset classes (including equities, gold and high yield credit) remain elevated, even as several macroeconomic indicators point to potential softening beneath the surface. We believe these tensions highlight the importance of a flexible and globally diversified fixed income approach, one that can adapt to rapidly evolving conditions across markets, sectors, and currencies.
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White papers2026 Private Infrastructure Outlook
Outlines growth drivers for private infrastructure in 2026, led by energy transition, data centers, and digitalization.
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VideoSpreads, value and our credit outlook
In a new video, our three heads of fixed income discuss credit spreads, dispersion, and the widening gap in quality and duration between high yield and investment grade – and what this all means for credit markets moving forward.
